New insider activity at Claritev ( (CTEV) ) has taken place on March 11, 2025.
In a significant move, key executives at Claritev have made notable stock purchases, signaling confidence in the company’s future. EVP & CFO Douglas Michael Garis has acquired a total of 8,919 shares, with transactions valued at $175,890. Meanwhile, EVP & Chief Client & Service Officer Travis Dalton has invested in 5,252 shares, amounting to $100,785. These strategic acquisitions underscore the leadership’s commitment to the company’s growth and stability.
Recent Updates on CTEV stock
In the last 24 hours, Piper Sandler raised its price target for Claritev (CTEV) due to the company’s recent financial maneuvers, despite reporting soft Q4 results and providing guidance for 2025 below consensus. The firm appreciates Claritev’s efforts to restructure $4.5 billion of debt to align with its turnaround plan, though it remains cautious about the company’s fundamental outlook. Regulatory challenges are anticipated to affect the value and yield of out-of-network claims repricing over the next five years, potentially impacting PSAV revenue and Claritev’s 2030 targets. Additionally, Claritev announced plans to release an investor presentation in March 2025, aiming to maintain transparency with stakeholders, though it acknowledges potential risks and uncertainties in its forward-looking statements.
More about Claritev
YTD Price Performance: 41.00%
Average Trading Volume: 212,122
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $295.8M
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